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 <title>NY Observer &gt; Frederick Law Olmsted</title>
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 <title>Olmsted&#039;s Legacy</title>
 <link>http://www.observer.com/node/34273</link>
 <description><![CDATA[<!--paging_filter-->We didn&#8217;t get to go into the history of the relationship between parks and real estate in <a href="http://www.observer.com/20060227/20060227_Matthew_Schuerman_finance_financialpress.asp  ">today&#8217;s Observer article on Hudson River Park</a>, but Frederick Law Olmsted used it more than 100 years ago to justify the expense of building Central Park. Olmsted submitted calculations to the Board of Commissioners of Central Park showing that as a result of the park, annual tax receipts for the three adjacent wards had increased by $5.2 million from 1856 to 1873. That&#8217;s the increase in taxes in a single year, mind you, and compared to far smaller increases in other wards in the city. The total cost of constructing the park at that point was $13.9 million. 

<p>A New York City neighborhood activist named Tom Fox, now president of <a href="http://www.nywatertaxi.com/ ">New York Water Taxi</a>,  discovered the calculations in papers while a Loeb Fellow at Harvard in 1988-89 and published the findings in a monograph. He introduced the idea of a park tax district first to the planning group for a West Side park, of which he was a member, and more recently to <a href="http://www.fohrp.org/ ">the Friends of the Hudson River Park</a>,  on whose board of directors he sits.</p>

-<em>Matthew Schuerman</em>]]></description>
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 <category domain="http://www.observer.com/taxonomy/term/30119">Frederick Law Olmsted</category>
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 <pubDate>Wed, 22 Feb 2006 10:36:56 -0500</pubDate>
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 <title>Two Different Hats: Bashful Society Belle, Brash Fan of Brooklyn</title>
 <link>http://www.observer.com/node/50770</link>
 <description><![CDATA[<!--paging_filter-->For the past several years, my mother and her friends have invited me to the annual Frederick Law Ol <span class='read-more'><a href="http://www.observer.com/node/50770">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span>]]></description>
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 <category domain="http://www.observer.com/taxonomy/term/35876">Bergdorf Goodman Inc.</category>
 <category domain="http://www.observer.com/taxonomy/term/24989">Central Park</category>
 <category domain="http://www.observer.com/taxonomy/term/28336">Chanel SA</category>
 <category domain="http://www.observer.com/taxonomy/term/30119">Frederick Law Olmsted</category>
 <pubDate>Sun, 08 May 2005 20:00:00 -0400</pubDate>
 <dc:creator>Pamela Weiler Grayson</dc:creator>
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 <title>From Indolence to Immortality: A Map of Olmsted&#039;s Career</title>
 <link>http://www.observer.com/node/41521</link>
 <description><![CDATA[<!--paging_filter-->A Clearing in the Distance: Frederick Law Olmsted and America in the 19th Century , by Witold Rybczy <span class='read-more'><a href="http://www.observer.com/node/41521">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span>]]></description>
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 <category domain="http://www.observer.com/channel/arts-culture">Arts &amp;amp; Culture</category>
 <category domain="http://www.observer.com/taxonomy/term/24989">Central Park</category>
 <category domain="http://www.observer.com/taxonomy/term/30119">Frederick Law Olmsted</category>
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 <category domain="http://www.observer.com/taxonomy/term/38417">Witold Rybczynski</category>
 <pubDate>Sun, 23 May 1999 20:00:00 -0400</pubDate>
 <dc:creator>Caroline C. Pam</dc:creator>
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